Seller's Agent in 2025
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
3 in this area
91 Total Sales
1471 Chestnut Ave Long Beach, CA 90813
Washington School Neighborhood
10
Beds
8
Baths
4,276
Sq Ft
4,768
Sq Ft Lot
Highlights
- No HOA
- East Facing Home
- 3-minute walk to 14th Street Park
- Wrought Iron Fence
- Rectangular Lot
About This Home
As of December 2025Cheapest full sized 5 unit in the whole city at only $279/square foot. 100% 2 bedroom units: three with 2 baths, two with 1 bath. Average unit size of over 850 square feet. Skip the smaller properties and go straight to commercial positive leverage with rates in the high 5%'s and a 6.2% cap rate on actual rents. Very strong in-place income at 9.8X GRM on actuals with 13% upside to 8.7X GRM and a market cap rate of 7.4%. Electrical main panels and sub-panels replaced in 2000. 3 out of 5 units remodeled and leased in the last 2 years. 5 garages in rear for 1:1 parking ratio. Convenient location in the Washington neighborhood 1 block from Washington Middle School, currently undergoing a massive $176M reconstruction project. Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 billion. Over 60% of households within 5 miles are renters with an average household income of over $94,000 (CoStar).
Last Agent to Sell the Property
Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 10/06/2025
Last Buyer's Agent
Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 10/06/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 4,768 Sq Ft Lot
- Two or More Common Walls
- East Facing Home
- Wrought Iron Fence
- Rectangular Lot
Parking
- 5 Car Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
- Raised Foundation
Interior Spaces
- 4,276 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Additional Features
- Suburban Location
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 13 / B
- Tax Tract Number 7518
- Assessor Parcel Number 7269040030
- $924 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
- Downtown Subdivision
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,210
- Fuel Expense $1,398
- Gardener Expense $1,070
- Insurance Expense $7,483
- Maintenance Expense $5,699
- Pest Control $1,276
- Professional Management Expense $5,786
- Trash Expense $748
- Water Sewer Expense $1,548
- New Taxes Expense $14,938
- Operating Expense $41,656
- Gross Income $121,812
- Net Operating Income $74,066
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2025
Closed on
Nov 4, 2025
Sold by
Citrus Palos 1471 Llc
Bought by
Fahd Abid Akbar Revocable Trust and Akbar
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$1,195,000
Sold Price
$1,195,000
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
360.69%
Original Mortgage
$879,000
Outstanding Balance
$873,686
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$476,647
Purchase Details
Closed on
May 22, 2025
Sold by
Adams Amin Family Trust and Adams Joerg Michael
Bought by
Citrus Palos 1471 Llc
Purchase Details
Closed on
Apr 22, 2022
Sold by
Adams Joerg
Bought by
Adams Joerg and Amin Puja
Purchase Details
Listed on
Jul 27, 2018
Closed on
Feb 11, 2019
Sold by
Hazlewood Michael J and Hazlewood Mary C
Bought by
Adams Joerg
Seller's Agent
Nicholas Cotton
Keller Williams Coastal Prop.
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$1,095,000
Sold Price
$1,060,000
Premium/Discount to List
-$35,000
-3.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$689,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 18, 2014
Closed on
May 29, 2014
Sold by
Dynamic Investments Lp
Bought by
Hazlewood Michael J and Hazlewood Mary C
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Nicholas Cotton
Keller Williams Coastal Prop.
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$536,250
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2013
Closed on
Apr 29, 2013
Sold by
Canterman Merek
Bought by
Dynamite Investments Lp
Seller's Agent
Francisco Gomez
Francisco Gomez, Broker
Buyer's Agent
Francisco Gomez
Francisco Gomez, Broker
List Price
$559,900
Sold Price
$585,000
Premium/Discount to List
$25,100
4.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.12%
Original Mortgage
$438,750
Interest Rate
3.51%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2013
Closed on
Mar 21, 2013
Sold by
Lamb Dan L and Lamb Cathleen A
Bought by
Canterman Merek
Seller's Agent
Francisco Gomez
Francisco Gomez, Broker
Buyer's Agent
Francisco Gomez
Francisco Gomez, Broker
List Price
$559,900
Sold Price
$585,000
Premium/Discount to List
$25,100
4.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
3.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2010
Sold by
Lamb Dan L and Lamb Cathleen A
Bought by
Lamb Dan L and Lamb Cathleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2008
Sold by
Us Bank Na
Bought by
Lamb Dan L and Lamb Cathleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 9, 2008
Sold by
Rivera Antonio
Bought by
Us Bank Na and Terwin Mortgage Trust 2006-3 Asset Backe
Purchase Details
Closed on
Oct 14, 2005
Sold by
Rodriguez Jesus S
Bought by
Rivera Antonio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
9.12%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 18, 2004
Sold by
Ty Erna B
Bought by
Rodriguez Jesus S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 2003
Sold by
Davis Kim T
Bought by
Ty Erna B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 20, 2001
Sold by
Davis Kim T and Bennett Pamela J
Bought by
Davis Kim T
Purchase Details
Closed on
Apr 12, 2000
Sold by
Delphine Group Llc
Bought by
Davis Kim T and Bennett Pamela J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
8.19%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 1, 1999
Sold by
Ward John S
Bought by
Delphine Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
7.64%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 27, 1999
Sold by
Mitchell Miles and Mitchell Bruce
Bought by
Ward John S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
7.64%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 14, 1999
Sold by
Ward Sigalit D
Bought by
Ward John S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
7.64%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 30, 1997
Sold by
Larson Mitchell Louise L and Larson Mitchell Miles
Bought by
Larson Mitchell Louise L and Larson Mitchell Miles
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,195,000 | Commonwealth Land Title Compan | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,060,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Grant Deed | $715,000 | Progressive | |
| Grant Deed | -- | None Available | |
| Grant Deed | $585,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | Lsi | |
| Grant Deed | $585,000 | Fidelity National Title Co | |
| Trustee Deed | $637,870 | Alliance Title Company | |
| Grant Deed | $850,000 | Fidelity National Title Co | |
| Grant Deed | $705,000 | Old Republic Title Company | |
| Individual Deed | $628,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $330,000 | United Title Company | |
| Gift Deed | -- | United Title Company | |
| Grant Deed | $480,000 | Provident Title | |
| Interfamily Deed Transfer | -- | Provident Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $879,000 | New Conventional | |
| Previous Owner | $689,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $536,250 | New Conventional | |
| Previous Owner | $438,750 | New Conventional | |
| Previous Owner | $403,000 | New Conventional | |
| Previous Owner | $409,500 | Purchase Money Mortgage | |
| Previous Owner | $650,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $497,000 | Purchase Money Mortgage | |
| Previous Owner | $446,250 | Purchase Money Mortgage | |
| Previous Owner | $327,200 | FHA | |
| Previous Owner | $633,750 | Construction | |
| Closed | $148,750 | No Value Available | |
| Closed | $142,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | Sold | $1,195,000 | 0.0% | $279 / Sq Ft | |
| 10/13/2025 10/13/25 | Pending | -- | -- | -- | |
| 10/06/2025 10/06/25 | For Sale | $1,195,000 | +12.7% | $279 / Sq Ft | |
| 02/21/2019 02/21/19 | Sold | $1,060,000 | -3.2% | $248 / Sq Ft | View Prior Sale |
| 12/19/2018 12/19/18 | Pending | -- | -- | -- | |
| 12/11/2018 12/11/18 | For Sale | $1,095,000 | 0.0% | $256 / Sq Ft | |
| 11/12/2018 11/12/18 | Pending | -- | -- | -- | |
| 09/18/2018 09/18/18 | Price Changed | $1,095,000 | -2.7% | $256 / Sq Ft | |
| 07/27/2018 07/27/18 | For Sale | $1,125,000 | +57.3% | $263 / Sq Ft | |
| 07/28/2014 07/28/14 | Sold | $715,000 | -1.4% | $167 / Sq Ft | View Prior Sale |
| 05/07/2014 05/07/14 | Pending | -- | -- | -- | |
| 04/18/2014 04/18/14 | For Sale | $725,000 | +23.9% | $170 / Sq Ft | |
| 04/19/2013 04/19/13 | Sold | $585,000 | +4.5% | $137 / Sq Ft | View Prior Sale |
| 03/19/2013 03/19/13 | Pending | -- | -- | -- | |
| 03/06/2013 03/06/13 | For Sale | $559,900 | -- | $131 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,329 | $1,182,444 | $557,756 | $624,688 |
| 2024 | $15,329 | $1,159,260 | $546,820 | $612,440 |
| 2023 | $15,072 | $1,136,531 | $536,099 | $600,432 |
| 2022 | $14,153 | $1,114,247 | $525,588 | $588,659 |
| 2021 | $13,861 | $1,092,400 | $515,283 | $577,117 |
| 2020 | $13,824 | $1,081,720 | $510,000 | $571,720 |
| 2019 | $10,159 | $770,851 | $269,346 | $501,505 |
| 2018 | $9,844 | $755,747 | $264,065 | $491,682 |
| 2016 | $9,041 | $725,903 | $253,812 | $472,091 |
| 2015 | $8,684 | $715,000 | $250,000 | $465,000 |
| 2014 | $7,346 | $587,655 | $150,681 | $436,974 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Walker
-
Josh Ess
Seller Co-Listing Agent in 2025
Josh Ess
Buckingham Investments, Inc
(310) 982-7055
1 in this area
38 Total Sales
-
N
Seller's Agent in 2019
Nicholas Cotton
Keller Williams Coastal Prop.
-
Cheryl Cotton
C
Seller Co-Listing Agent in 2019
Cheryl Cotton
Y Realty
(562) 513-7800
6 Total Sales
-
Brett Lyon
Seller's Agent in 2014
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
144 Total Sales
-
Woody Stahl
Seller Co-Listing Agent in 2014
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
152 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25233625
APN: 7269-040-030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1425 Cedar Ave
- 1415 Cedar Ave
- 1526 Cedar Ave
- 1557 Pine Ave
- 1636 Pacific Ave
- 1238 Magnolia Ave
- 1500 Pine Ave Unit 19
- 1148 Chestnut Ave
- 1450 Locust Ave Unit 425
- 435 W 11th St
- 1140 Pacific Ave Unit 19
- 1140 Pacific Ave
- 1121 Pacific Ave
- 1113 Pacific Ave
- 224 W 14th St
- 1044 Cedar Ave
- 1106 Pacific Ave
- 1757 Long Beach Blvd
- 1598 Long Beach Blvd Unit 412
- 1924 Cedar Ave